diff --git a/java-asset/google-cloud-asset-bom/pom.xml b/java-asset/google-cloud-asset-bom/pom.xml
index aeb0b82dfa3d..c36e85419ce0 100644
--- a/java-asset/google-cloud-asset-bom/pom.xml
+++ b/java-asset/google-cloud-asset-bom/pom.xml
@@ -8,7 +8,7 @@
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-shared-config</artifactId>
-    <version>1.5.1</version>
+    <version>1.5.3</version>
   </parent>
 
   <name>Google Cloud Asset BOM</name>
diff --git a/java-asset/pom.xml b/java-asset/pom.xml
index 82506223ae98..fc6d5d4c702f 100644
--- a/java-asset/pom.xml
+++ b/java-asset/pom.xml
@@ -14,7 +14,7 @@
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-shared-config</artifactId>
-    <version>1.5.1</version>
+    <version>1.5.3</version>
   </parent>
 
   <developers>